Commentary on Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002

This authoritative commentary provides an in-depth analysis of the SARFAESI Act, 2002, explaining the legal framework governing securitisation, reconstruction of financial assets, and enforcement of security interests. Updated in its Fourth Revised Edition 2026, the book integrates statutory provisions with subordinate legislation, regulatory directions, and practical enforcement mechanisms. It offers a clear understanding of creditor rights, borrower safeguards, and the operational role of asset reconstruction companies within India’s banking and financial system.

Key Features

• Detailed section-wise commentary on the SARFAESI Act, 2002
• Coverage of rules, regulations, notifications, and RBI circulars
• Explanation of enforcement procedures for secured creditors
• Analysis of asset reconstruction and securitisation mechanisms
• Practical interpretation aligned with banking and recovery practices
• Updated content reflecting recent regulatory and legal developments

This book is particularly useful for advocates handling banking, recovery, and insolvency matters, judicial and quasi-judicial officers dealing with SARFAESI proceedings, bankers and financial institution professionals involved in credit recovery, law students specializing in banking and financial law, and compliance officers requiring practical clarity on enforcement of security interests.